Form 4 for KLAC KLA Corporation
Accepted 2023-08-03 00:00:00 ET · period of report 2023-08-01 · accession 0001209191-23-044400 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-08-03 | 2023-08-01 | KLAC | Higgins Bren D. | EVP, CFO | F - Tax | $514.28 | -6,377 | 44.9K | -12% | -$3.28M |
| 2023-08-03 | 2023-06-30 | KLAC | Higgins Bren D. | EVP, CFO | J - Other | $320.07 | +66.39 | 49.7K | +0.1% | +$21.2K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-01 | F | D | 1,594 | $514.28 | 43,282.39 | D | — | — | (F6) On August 1, 2019, the Reporting Person was granted RSUs for 12,863 shares of KLA common stock. On August 1, 2023, the remaining 25% of the RSUs vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on August 1, 2023. (F7) The number of shares of KLA common stock includes 28,384 shares issuable upon vesting of RSUs. |
| 2 | Common | Common Stock | 2023-08-01 | F | D | 4,783 | $514.28 | 44,876.39 | D | — | — | (F4) The Reporting Person vested the remaining 50% of the performance-based RSUs, upon his completion of four years of service (August 1, 2023) following the award on August 1, 2019. The Compensation Committee of KLA's Board of Directors determined the level at which the underlying performance goals were attained (August 4, 2022). The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on August 1, 2023. (F5) The number of shares of KLA common stock includes 31,599 shares issuable upon vesting of RSUs. |
| 3 | Common | Common Stock | 2023-06-30 | J | A | 66.39 | $320.07 | 49,659.39 | D | — | — | (F1) Purchased under the registrant's employee stock purchase plan. (F2) Represents 85% of the closing price of the registrant's stock on the employee stock purchase plan on January 3, 2023. (F3) The number of shares of KLA common stock includes 41,245 shares issuable upon vesting of restricted stock units ("RSUs"). |